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5/22/2013 6:36AM

Fewer Bank Layoffs Expected in Asia in 2013

From 2011 to 2012, investment banks reduced their front-office headcount by 17%. George Kutznetsov of analytics firm Coalition tells the WSJ’s Deborah Kan why he thinks job cuts will begin stabilizing later this year.

This transcript has been automatically generated and may not be 100% accurate.

... the the ... twenty twelve saw a lot of investment banking job cuts but will twenty thirteen Seymour I'm Deborah con joining me now is joint ... cut inside his head of research at analytics firm Coalition I joined in to see ilk ... so what's the overall climate here expecting any man certainly we did see and share and a job cuts being an ... investment banking due to more regulation and and the global economy ... but what it what is what you think going for it for twenty thirty ... on ... YouTube is equal to the absolute numbers use Google is the age of its once the sport of all the kids ... and teachers ... know who these brutal ... did you must bring in Europe and its ... agents I'm stupid basically ... almost twice its quest for part of her new office in JGBs ... all it was basically having a dress that has been a lot of these things and for the first ... change ... default and also below ... basic in twenty twelve and many banks that should be much more ... awe understanding that built ... the fire which came at a seven inch I mean in a shall we say we heard he obviously there is ... especially in places like Hong Kong and Financial son as there is a lot of anticipation for ... Ivey IPO playful and had to start picking up but that didn't exactly happen ... are we seeing a lot of cuts around that area ... you don't you'll blog post below you ... will read them ... oh ... well ... we expect some herbs and it's you you make of it ... actually though the brawl ... over ... the ... composition based stable was set ... up ... the good in all of your basic do little for the Cup the bags ... Wall the second top twenty well you get on that he ... bakes you are in no ... significant that the profit for the ... mile action in and out of the business model ... so we respect the procession to Staples would use ... okay so where are the bright spots giant Amy and eight you know where where can we expect high range and are adding staff in a shack for twenty third home ... we all need even to me that it's been ... there are still looking ... and potentially dealing with its been operating for slow ... going ... Baldwin been something to shoot a repeat of ... the picnic or bar excuses but sometimes ... it's ... the part ... that the people all over the ... words fall ... well expect and eat ... when ... people are in even if the bench ... in the spirit of St ... yet when you compare a Adm twenty twelve with ... him the two thousand and eight two thousand and nine crisis how does it differ ... all I think basically ... what we've seen during the birds as ... people interested in the twenty oh it was his basically the mobile business Big showed ... that smile think it's stupid and that ... all new with me and ... for more on that stake and at the beest dot com I'm Deborah con ...